Industry: Infrastructure
Indian Supreme Court annuls billion-dollar award to cure “miscarriage of justice”
Arbitration practitioners have expressed concern at the Indian Supreme Court’s unusual decision to set aside a US$960 million award relating to a metro project in Delhi by using its curative jurisdiction to correct a “grave miscarriage of justice”.
12 April 2024
Qatari state entity liable in metro dispute
An ICC tribunal has found a Qatari state-owned company liable in a €560 million arbitration with a Samsung-led joint venture over a terminated contract to build two metro stations in Doha.
19 March 2024
Mozambique defeats treaty claim over rail project
A divided UNCITRAL tribunal has thrown out an Indian investor’s US$156 million treaty claim against Mozambique over a rail and port project.
29 February 2024
Highway investor lodges claim against Colombia
The infrastructure arm of UK private equity firm InfraRed Capital has brought a treaty claim against Colombia over a highway construction project.
26 January 2024
Egyptian tourism investor revives ICSID claim against Kuwait
An ICSID committee has taken the unprecedented step of annulling an award rendered under the centre’s expedited dismissal procedure, allowing an Egyptian tourism investor to revive its US$320 million claim against Kuwait.
25 January 2024
Paris court upholds Ethiopian road awards
The Paris Court of Appeal has refused to revive an ICC claim against an Ethiopian state agency based on an arbitrator’s alleged ties with a partner at Clyde & Co – including their participation on a roundtable at Paris Arbitration Week.
17 January 2024
Indian real estate investor wins damages in case against Mauritius
An Indian infrastructure company says it has won more than US$40 million in an investment treaty claim against Mauritius over a terminated real estate lease.
11 January 2024
Hong Kong court asks Kaplan to reconsider public policy
A Hong Kong court has ruled that a pair of HKIAC awards favouring a Chinese property developer in a US$147 million dispute should be remitted to arbitrator Neil Kaplan KC as they arguably conflict with Hong Kong public policy following a recent change to the law on illegality.
10 January 2024
Paraguay held liable over stalled bus network
An UNCITRAL tribunal has ordered Paraguay to pay more than US$16 million for breaching a contract with a Portuguese construction group to build a high-speed bus network in its capital Asunción.
21 December 2023
Malaysian toll road investor lodges claim against Argentina
A Malaysian construction group has brought an ICSID claim against Argentina over a toll concession.
13 December 2023